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i suspect many are confused by the different definitions of the word 'inflation'

'inflation' to me is the the increase in the quantity of money or in the overall money supply.

i suspect many define 'inflation' as the rise in the general level of prices of goods and services in an economy over a period of time. To me, this is a possible consequence of 'inflation', not inflation itself.

thus, to me, there is ALREADY an inflation crisis because there already has been tremendous increases in the quantity of money throughout the world.